2. A 50-year old home sold for $780,000. Sales comparison data for this market reveals that the site is worth about $200,000. The replacement cost new for the home is $690,000. The effective age of the home is 45 years. What is the remaining economic life of the home? 3. A 70-year old building has an expected economic life of 110 years. Its current effective age is 90 years and the cost new is $535,000. Land value is estimated at $150,000. What is the accrued depreciation using the age-life method